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CMS Releases Final 2027 IRA Negotiation Guidance
On October 2, the Centers for Medicare & Medicaid Services (CMS) released final guidance outlining how the agency will implement the Inflation Reduction Act’s (IRA) Medicare Drug Price Negotiation Program (the “Program”) for initial price applicability year (IPAY) 2027, the second year for which CMS-negotiated prices will apply. The final guidance also provides more clarity…
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Legal Industry Adaption in the Face of Disruption – SOLID East 2024 Takeaways
The recent SOLID (Summit on Legal Innovation and Disruption) East 2024 Event brought together legal innovators and thought leaders to explore the intersection of innovation, advanced technology, and the business of law. This TED-Style Talk summit offered a unique platform for sharing ideas and fostering collaboration in the rapidly evolving legal landscape….By: Goulston & Storrs…
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Three Data Privacy Lessons Learned from the Marriott Data Breach
Enforcement of data privacy laws across the US is in full force. Most recently, Marriott agreed to a $52 million settlement payment to 50 states, including $3.5 million to the State of Texas, following a data breach of 131 million guest records, including information such as contact information, gender, dates of birth, as well as a limited number…
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Developing a smart corporate AI policy
The Artificial Intelligence revolution is here to stay, and so is the need for establishing a corporate policy on the use of AI in the workplace. For business leaders, there are a range of considerations to address when crafting guidance — from practical implementation to oversight to risk management and more….By: Benesch
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The Double-Edged Sword of AI in Patent Drafting and Prosecution
*prepared with the assistance of artificial intelligence – In the rapidly evolving landscape of intellectual property law, artificial intelligence (AI) has emerged as a powerful tool for attorneys and inventors alike. AI drafting software, with promise of efficiency and innovation, has been increasingly adopted for drafting patent application and aiding in patent prosecution……By: Sheppard Mullin…
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Indispensable Strategies for Protecting Disposable Products
As commerce moves more and more online, companies are facing unique challenges with respect to protecting their products, and the low cost of entry for online sellers has contributed to proliferations of knock-off and potentially counterfeit products being sold. This is particularly true when the product being sold is a simple disposable or replaceable product,…
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Clayton Properties Group Announces Data Breach Following Cyberattack at Vendor Company
On October 11, 2024, Clayton Properties Group filed a notice of data breach with the Attorney General of Massachusetts after discovering that one of the company’s vendors experienced a cyberattack. In this notice, Clayton Properties Group explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their…
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Fitzgerald, DePietro & Wojnas Issues Data Breach Letters Following June 2024 Cyberattack
On September 26, 2024, Fitzgerald, DePietro & Wojnas CPAs, P.C. (“FDW”) filed a notice of data breach with the Attorney General of Montana after discovering that the company’s IT network was subject to unauthorized access. In this notice, FDW explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information,…
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NARSTCO Files Notice of Data Breach Following July 2024 Cyberattack
On October 14, 2024, the North American Steel Tie Corporation d/b/a NARSTCO (“NARSTCO”), a subsidiary of railroad giant RailWorks, filed a notice of data breach with the Attorney General of Massachusetts after discovering that information in the company’s possession was subject to unauthorized access. In this notice, NARSTCO explains that the incident resulted in an…
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Cisco Looks into Possible Data Breach Following Alleged October 6 Cyberattack
Recently, Cisco Systems, Inc. responded to hackers’ claims that the company was the recent victim of a cyberattack. While Cisco has not yet confirmed that company data was compromised, a representative explained that the company is aware of the claims and is in the process of conducting an investigation. If Cisco confirms that data belonging…
